GEOFFREY CARPENTER JOINS BOEING AS ASSISTANT TREASURER

The Boeing Company announced today that Geoffrey L. Carpenter, 36, has been named assistant treasurer - global treasury operations, for the aerospace company. He joins Boeing from DaimlerChrysler's Freightliner Corporation in Portland, Ore.

We are delighted that Geoff will join the company and believe he will add significant value to our treasury team," said Walt Skowronski, Boeing vice president of finance and treasurer.

Carpenter will responsible for directing the company's treasury management activities, including cash management and forecasting, short term investments and borrowings, and the ongoing share repurchase program. In addition, he will be responsible for leading Boeing's international finance programs in support of the company's expanding global presence.

Carpenter has been the director of treasury services for Freightliner since May 1998. Previously he spent 10 years in finance and treasury positions at Lockheed Martin.

He has a master's in business administration from Northeastern University and earned his bachelor's degree in marketing at State University of New York at Albany.

Carpenter will begin his new position at Boeing on January 22.